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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash in the unaudited condensed consolidated balance sheets that sum to the total of the amounts reported in the unaudited condensed consolidated statement of cash flows (in thousands):

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

148,912

 

 

$

33,059

 

Restricted cash, non-current

 

 

927

 

 

 

 

Total cash, cash equivalents and restricted cash

 

$

149,839

 

 

$

33,059

 

Summary of Property and Equipment and Related Accumulated Depreciation

The following is the summary of property and equipment and related accumulated depreciation as of June 30, 2022 (in thousands):

 

 

 

Useful Life

 

June 30, 2022

 

 

December 31, 2021

 

Computer software and equipment

 

3 years

 

$

16

 

 

$

16

 

Furniture and fixtures

 

5 years

 

 

65

 

 

 

9

 

Lab equipment

 

5 years

 

 

209

 

 

 

192

 

Leasehold improvements

 

Lesser of (i) useful
life or (ii) lease term

 

 

 

 

 

 

Construction in progress

 

 

 

 

388

 

 

 

99

 

Total property and equipment

 

 

 

 

678

 

 

 

316

 

Less: accumulated depreciation

 

 

 

 

(40

)

 

 

(15

)

Total property and equipment, net

 

 

 

$

638

 

 

$

301